The Arena Football League, which canceled its 2009 season to work on its financial model, won’t be back, barring a big surprise. A team official says the league voted to indefinitely suspend operations, and a formal announcement should come soon, the Columbus Dispatch reports. Owners couldn’t agree on a restructuring plan—a decision that required 75% agreement among ownership groups.
The league appeared vibrant just last year, but the troubled economy highlighted its financial problems, leading to the season cancellation. “If we were in better economic times, the votes would have been different,” said Jim Renacci of the Columbus Destroyers.